Globalization has entered the 4.0 era, and intelligent technology has triggered great changes

With the development of economic reform and comprehensive technological innovation, digital and intelligent cutting-edge technologies are widely used in various industries. The rise of the concept of meta universe, virtual reality, artificial intelligence and blockchain have attracted much attention. Globalization has entered the 4.0 era, and intelligent technologies are sweeping the world with the characteristics of more individualization, more violence, more uncontrollable and more unpredictable, Cause great change.

As a sunrise industry, the game industry has maintained rapid growth in the past 20 years. With the development of Internet technology, the game industry will be a larger industry. In 2020, 2.67 billion gamers worldwide created an output value of 174.9 billion US dollars. By 2023, this figure will be $3.05 billion and $217.9 billion, respectively. Among them, virtual goods are the main source of income in the global game market, accounting for more than $150 billion, accounting for more than 66% of the overall game market consumption.

Analysis on the current situation and pain points of the game industry

However, there are some pain points in the game ecosystem under the traditional mode in the global market. These problems make it difficult to realize a truly unified and cross platform game ecosystem under the traditional mode. First, lack of fairness: the random event algorithms in the game are not public and difficult to pass the test and analysis, resulting in adverse effects on the fairness, operation reputation and sustainable operation ability of the game; Second, there is no circulation of assets: the lack of liquidity of virtual assets will reduce the enthusiasm and liquidity of players, increase the difficulty of asset exchange between games, and cause the loss of game groups. Third, the value is lack of guarantee: the value fluctuates with the popularity of the game, the value of players' game assets cannot be guaranteed, and it is difficult to get unified circulation value and value support without consistent value endorsement. Last but not least, communities and distribution channels: communities and distribution channels are monopolized, and the proportion of distribution channels is too high, resulting in little profit for the game development team.

Deep cultivation and application of virtual life in game industry

In order to solve the above problems, VTL team combined with blockchain technology to more systematically provide tool engines to help these enterprises in the game industry to land, and combined blockchain technology with it to provide great help to these game industry participants. In addition, with the rise of NFT mode, blockchain, digital currency and games collide with new sparks. The pattern of the whole market is undergoing profound changes, and the future game market is full of opportunities.

Through years of in-depth research in the field of blockchain, encrypted digital currency and games, VTL team has quickly gathered a large number of international top game, blockchain and smart contract talents, aiming to take the blockchain game industry as an opportunity to drive industry change and create a world leading blockchain game top platform and ecological application system. Finally, the VTL team took the needs of developers and users in the industry as the design starting point of the initial version of the project, and the virtual life (VTL) project was born under the leadership of the VTL game industry development foundation.

Virtual life (VTL) integrates e-sports, interactive social entertainment, mobile games, computer games and host games through the blockchain network and token mechanism to integrate the online virtual environment with the physical environment, create a boundless entertainment world and create an unprecedented entertainment experience for global users. Virtual life (VTL) not only constructs a user ecosystem with all-round circulation of game value, but also realizes the chain of all game items through the game chain, improves the disadvantages of traditional games, and makes players have a 100% sense of belonging as the owner of the game. It has created a vision system in which the values of content producers and consumers are consistent in the digital world.

The significance of future virtual life to the development of Technology

"Digital virtual life" uses advanced artificial intelligence technology to connect virtual life with big data. Create a "digital virtual life" from scratch through social platforms, e-commerce platforms, live broadcasting platforms and game platforms. This virtual life is constantly evolving and updated. Through the latest and most basic data you input, and the interactive communication of virtual reality technology, human beings can obtain "eternal life" in cyberspace!

In the future, through continuous improvement and business model exploration, virtual life (VTL) will adapt to more diversified business needs and meet the data sharing on the cross enterprise business chain, which means that VTL has enough commonality and standards for data recording methods and can represent all kinds of structured and unstructured information, And can meet the cross chain requirements required with the expansion of business scope. This provides a value basis for the universality of VTL. Let VTL digital assets circulate more calmly in various industries and scenarios around the world.